Operating assets equals:
A)cash,accounts receivable,and equipment.
B)current assets plus tangible assets.
C)total assets minus intangible assets.
D)only long-term assets.
E)only current assets.

Question

Quizplus · Accepted Answer

Operating assets refer to the assets that are used in the daily operations of a business. Current assets are those that can be easily converted to cash within a year, while tangible assets are physical assets such as equipment. Therefore, option B is correct as it includes both current and tangible assets.

Operating Assets Equals